Shaarei Shalom Inc

Analysis

Shaarei Shalom Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shaarei Shalom Inc reported income of $421k and spending of $181k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $365k to $421k (+16%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 44% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shaarei Shalom Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within AZ. Charities of a similar size with the same main cause include Wild Horse Ministries Inc ($421k), Tower of Refuge ($421k) and Heart for the World Ministries ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $21k (12% of expenses). At year end it held assets of $1.1m against liabilities of $438k, net assets of $699k. It reported 1 employees.